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Investment trust acquires medical office buildings
Griffin-American Healthcare REIT II said it has acquired three medical office buildings in South Carolina, Georgia and Florida for a purchase price of $25.1 million.
Griffin-American Healthcare Acquires Trio of Medical Office Buildings
PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong. Griffin-American Healthcare REIT II —formerly known as Grubb & Ellis Healthcare REIT II—just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.
Man killed in Industrial Park Road mishap
A local resident was struck and killed by a vehicle Wednesday night while crossing Industrial Park Road, said authorities.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Gazette.Net: Marylands office space market shows signs of renewed life for 2012
After a fairly dismal 2011 for Maryland’s office space market, real estate experts said 2012 is shaping up as a chance to rebound, due in part to federal budget developments that will allow government military contractors to move into empty buildings that sent vacancy rates soaring in some areas last year.
Commercial Property Transfers
Federal Home Loan Mortgage Corp. to Equity Trust Co., 740 S. 37th St., 40211, $18,000. Heritage Properties to Intrepid Commercial Properties, 204 E. Market St., 40202, $2,700,000. HSBC Mortgage Services Inc.
Ryley Carlock & Applewhite Expands Denver Office Space, Moves to Wells Fargo Center
The Denver office of Ryley Carlock & Applewhite and its 41 attorneys and staff will move January 30 to the Wells Fargo Center at 1700 Lincoln, the firm announced today. It will take the entire 35th floor of the “cash register building,” the third-tallest building in Denver.
Griffin-American Healthcare REIT II Acquires Medical Office Buildings in Florida, Georgia and South Carolina
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ -- Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...
ARMOUR Residential REIT, Inc. Announces Pricing of Public Offering of 26,000,000 Shares of Common Stock
VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc. (NYSE Amex:ARR.WS) ("ARMOUR" or the "Company") announced today that it has priced an underwritten public offering of 26,000,000 shares ...
Commercial office vacancy 'stabilizing'
A study of Lexington’s commercial office space availability has found for the first time in r